You Put Money Into HPZ Token in 2021. Here Is Where the Case Actually Is, and What You Can Do

If you paid money into HPZ Token in 2021, the case is still live — and it is considerably larger than it looked at the time.

What the scheme was

In the Directorate of Enforcement’s description, HPZ Token was “an app-based cryptocurrency investment scheme that lured gullible investors across India with false promises of exponential returns through investment in Bitcoin mining machines.”

It commenced in June 2021. The platform was shut down in August 2021, “leaving thousands of investors without access to their funds.”

Where the case is now

• Three FIRs — Cyber Crime Police Station Kohima (Nagaland), CID PS Ulubari Guwahati (Assam), and CBI EO-III Delhi
• ECIR No. ECIR/GWZO-II/09/2022, registered 12 April 2022
• Main Prosecution Complaint ML No. 01/2024, filed 4 March 2024
• First Supplementary Complaint, 12 January 2026
• Second Supplementary Complaint, 30 April 2026 — 87 new accused, cumulative total 437
• Proceeds of crime: approximately Rs 2,200 crore
• Attached or frozen: more than Rs 662 crore, as at 30 April 2026

The case is before the Special Court for PMLA Cases at Dimapur, Nagaland. The ED states that further investigation is in progress.

What attachment does and does not mean

Attachment under the Prevention of Money Laundering Act freezes property so it cannot be dissipated while the case runs. It is not the same as compensation, and it does not by itself return money to investors.

Restitution to victims, where it happens, follows a court process after trial. On the ED’s figures, the amount reached so far is more than Rs 662 crore against identified proceeds of approximately Rs 2,200 crore.

If you lost money — official channels only

• cybercrime.gov.in — the National Cyber Crime Reporting Portal. This is the route for reporting an online financial fraud, including one from 2021.
• sachet.rbi.org.in — the Reserve Bank’s portal for reporting entities accepting deposits or operating without authorisation.
• cms.rbi.org.in — RBI’s Complaint Management System, where a regulated entity is involved.
• 1930 — the national cyber-fraud helpline.

What to preserve

Whatever you still have: the app’s transaction records if you exported them, your bank statement entries showing the payments out, the UPI reference numbers, any e-mail or message from the platform, and the phone number or handle you dealt with.

Bank statements are the most durable of these. An app can vanish; the debit entry in your own account does not.

A caution

Cases of this size attract people offering to recover money for a fee. No agency charges an investor to be treated as a victim of a crime, and no private service can obtain restitution from an attachment held by a court. Report through the official channels above.

Oquilia takes no fee from readers, offers no recovery service, and refers no one to any legal practice.

Source

Every figure, name, date and case reference on this page is taken from the Directorate of Enforcement’s press release of 30 April 2026, issued by its Dimapur Sub-Zonal Office and published on the ED’s own website. Where secondary coverage of this case differs from the ED’s document, we have followed the ED. Nothing here is drawn from an anonymous source.

Right of reply

Every company and individual named on this page is invited to respond. If any figure, date, name, designation or description here is inaccurate, write to us with the correcting document and we will publish the correction, or the response in full, alongside this article without charge and without editing its substance.

No adjudication

No court has tried or determined any of these allegations. A prosecution complaint is an accusation made by an investigating agency, not a finding of guilt. All 437 persons and entities named across the three complaints in this case are accused; none has been convicted of anything described here, and each is presumed innocent unless and until a court holds otherwise. The descriptions on this page are the ED’s allegations, reported as allegations. Nothing here asserts that any person or company committed an offence, or asserts any intent, motive, knowledge or state of mind.